Page |
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|---|---|
Charity details |
|
Trustees' annual report |
2 |
Independent examiner's report |
3 |
Statement of financial activities |
4 |
Balance sheet |
5 |
Notes to the financial statements |
6 |
Trustees: |
Robert Tugwell |
|---|---|
Dione Nyangon - resigned 11 May 2025 |
|
Sally Howells - resigned 18 March 2024 |
|
June Eckton - resigned 18 March 2024 |
|
Hillary Reid - appointed 18 March 2024 |
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Pamela Renton - appointed 18 March 2024 |
|
Dora Pilkington - appointed 11 May 2025 |
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Charity number: |
211448 |
Independent examiner: |
Marcel Jung, FFA/FIPA, FAIA |
Address: |
Ty Saith Vicarage |
Weavering Street |
|
Weavering |
|
Maidstone |
|
Kent ME14 5JQ |
THE CHURCH ESTATE STATEM OF FINANCIAL ACTIVITIES FOR THE YEARENDED 31 DECEMBER 2024 Unrestricted Restricted Endowm¢nt Total Funds Funds Funds 2024 Total 2023 COME Rental income Investment incom¢: C of E Fixed Interest Fund COIF Dividends COIF Fixd Interest Fund Deposit account interest Deposit Fund interest Bauk Interest Total incoming resources 41,542 41542 31,697 242 6,186 557 242 186 557 3.616 147 4.564 361 2.959 3.612 326 4&857 326 52.469 3.612 REsoifRCES EXPEIWED Maintenance Renovation of Cottages Insurnn¢¢ Professional fees Misc Bank ¢harges Distribution to PCC (3,'973) (3.973) {936) (57,087) {2.571) (5.388) (52) (1.834) {2.346) {7.274) 50 (2J46) (7274) 50 (24.703) (24,703) Total re8ourtes exptttded Net it7/(outMing urCeS before transfers 10.610 3,612 14322 (28.140) Transfers between funds Net incoming r¢sourc¢s before other recogDised g3]n(lOSses) 10.610 3.612 14222 (28.140) IncreaS£1(decre) in value of investlllents 2.804 3.160 20,277 Net movemellt ID fvnds 13.414 6.772 20,186 (7,863) Balances brought fonyard l January 62.556 202 689 105.771 371016 378.878 Balanc¢s carried forward 31 December 209.461 105.771 391202 371,016
THE CHURCH ESTATE BALANCE SHEET AS AT 31 DECEMBER 2024 Note 2024 2023 DEBTORS 46,120 BANK ACCOUNTS 57,963 1.235 DEPOSIT FUNDS (COIFI Estate Reserve Fabric Fund 39 36 70,488 70,524 74.100 74,139 Creditors- amounts falling due within one year Net current a55ets 132,102 117.879 INVESTMENTS COIF Charities Investn*nt Fund Income Trust Capitsl Fabric Fund COIF CharTtie5 Fixed Interest Intome Trust Capital Fabric Fund 114,109 113.156 111.587 110.656 9,630 22,205 259.100 9.348 21,546 253,137 TOTAL ASSETS 391,202 371,016 TOTAL ASSEtS BY FUND Unrestricted Restricted Endowment 75.970 209.461 105,771 391,202 62.556 202,689 105.771 371,016 The a¢¢ounts have beffl prepared in ace with the FinarAcial Rel stath for Smaller Entities (effective Jalluary 2015). The aw)unts were atoroved by the Tnlstee on 3 Jun¢ 2025 and signed on their beh[bY Rev Rob ugwell Page 5
THE CItURCH ESTATE NOJES TO 7HE AccouTrrrs FOR THE YEARENDED 31 DECEMBER2024 Accountlng Policies The accounts have l*en wepared utmkr the historical cst convention aThl in accordance with Accounting and RertIng by Charities: Stalaneirt of Rewmmendl PTadiLY applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard for Smaller Entities published on 16 July 2014. the Financial Reporting Standard for Smaller Entities (FRSSE). and the Charities Act 2011 and UK Generally Accepted Prdctice as it applies from l January 2015. Thc accounts (fmancial statements) have been prq)ared to give a'true and fair. view and have departed from the Charities (Accounts and Rwts) Regulations 28 only to th¢ ¢xl¢nt r¢quired to provide a 'true and fair. view. This de• has tnvolvoj following the Accounting and Rcwrting by Clwities: Statemenl of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published OT] 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effectiv¢ from l April 2005 which h&$ since been withdr. lucome and expendithre Income and expenditure are itKIth in the statemfflt of fllwicial activities on the aThl basis. Investments Inv¢stm¢nts are valued at mid-market value at 31 December. Unrestrieted income fvnd The fund is to be applied for the win¢tpal obje¢ts ofthe charlty as described on page 2. TThstees No remuneration or other benefits were paid to the charity's ttustees or people connected with them.